117 days ago • Posted by William Ramstein

5G, super computers and general demand sees TSMC pledge $100B investment in semiconductor tech

Taiwan Semiconductor Manufacturing Company (TSM) has pledged a $100 billion investment in advanced semiconductor technologies over the next three years to address rising demand, multiple media outlets reported Thursday. CEO C.C. Wei told clients that the investment would go into supporting its capacity to boost manufacturing and R&D of advanced chips. The COVID-19 pandemic has also accelerated the digitalization trend, Wei said.

Source: MT Newswires

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